2011/1/19

Fed official: interest rates can not be ruled out during the year

Fed a "hawkish" members of the 17 said that if the economic recovery, strong enough, do not rule out that in the year to start raising interest rates. Analysts pointed out that this highlights the continued implementation of the Federal Reserve within the ultra-loose monetary policy, the differences increase, however, most members of the Federal Reserve decision on interest rates are still cautious, and private economists generally believe that in the first quarter of next year ago, the Fed is unlikely to raise interest rates.

The Fed recognized as an internal "hawks" member of the Philadelphia Federal Reserve District Bank President Plosser on Monday openly expressed support for the view interest rates as early as possible. Plosser monetary policy this year has the right to vote, in 2008, he twice voted against the Fed's rate cut decision.